Published By Datamonitor

Published By Datamonitor

As Visa moves closer to its sale of Visa Inc stock, yesterday's SEC filing has revealed that the target stock price will see the card scheme generate up to $18.8 billion from the sale; a record sum for an IPO. Visa's member banks stand to gain from a share of the proceeds, while $3 billion will be set aside to cover costs related to litigation that Visa is currently involved in.

Published By Datamonitor

Visa's new deal with Samsung is a major leap forward for NFC and its future within payments. While NFC still faces a considerable number of challenges, the sheer size and scale of the new payWave rollout initiative, in addition to Visa and Samsung's global brand presence, will likely give the technology the boost it needs to see a rise in consumer adoption rates.

Published By Datamonitor

Visa CodeSure, a card with an embedded screen and numerical keypad, is ready for launch. By entering their PIN, consumers can generate one-time passcodes that can be used in place of static passwords for online transactions and banking. However, despite its clear anti-fraud benefits, convincing banks to invest in portfolio upgrades while economic uncertainty prevails will prove challenging.

Published By Datamonitor

The new Visa Token Service highlights a major structural shift in both the online and mobile payments markets. It provides banks with a key opportunity to successfully mitigate card-not-present (CNP) fraud without further burdening consumers.

Published By Datamonitor

Visa's move to launch a white-label mobile money service for banks and mobile operators highlights a major structural shift in the market for mobile payments, particularly in developing economies. Visa's global brand presence, in addition to the sheer size and scale of the new service's scalability, spells bad news for less established mobile payment providers.

Published By Datamonitor

Visa's move to invest in a geolocation confirmation service soon after the release of its Visa Transaction Advisor service signals that the future of payment security lies in both multi-factor and risk-based authentication.

Published By Datamonitor

Visa has announced the launch of a new digital wallet, V.me, to compete directly with PayPal in the online payments sector. The digital wallet allows consumers to link their existing payment tools and make online transactions without having to reveal their card payment details to the merchant. Due to launch in early 2012, V.me will allow Visa to explore new territory as a digital wallet provider.